Archive for September 15th, 2008

The oil bubble, fueled by speculators

September 15, 2008
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When speculators are in play, things rarely make sense. Take crude oil, for example. Just a few months ago, the upward trend of the price of the greatest commodity in human history seemed unstoppable. After it hit $100, it quickly crossed $110, $125, $140… analysts left and right were fighting to be the first...
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